Pump.Fun Is Now Officially Banned In The UK
In a surprising development for users, Solana-based memecoin marketplace Pump.Fun has now been officially banned in the UK. Users trying to access the platform were greeted with a “Restricted Jurisdiction” message, marking the abrupt end to one of this year’s breakout platforms. The UK’s FCA flagged the platform earlier this week, saying it “offers or promotes financial services or products without a license.” The ban comes amid growing scrutiny of unregulated cryptocurrency activity in the region. The platform has generated more than $250 million in user transactions, underscoring its popularity before the ban.
